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MarketScreener Homepage  >  Equities  >  Nyse  >  Delta Air Lines, Inc.    DAL

DELTA AIR LINES, INC.

(DAL)
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Delayed Quote. Delayed Nyse - 09/28 04:10:00 pm
31.34 USD   +5.24%
09/28'Relief rally' pushes equity markets higher; bonds flat
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09/28'Relief rally' pushes equity markets higher; bonds flat
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09/28Tech, bank shares drive Wall Street higher
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Gevo Shares Up 13% on Delta Purchase of Sustainable Aviation Fuel

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12/17/2019 | 09:41am EDT

By Chris Wack

Gevo shares rose 13% to $2.60 after the company said Delta Air Lines will purchase 10 million gallons a year of advanced renewable biofuels from Gevo.

Delta's agreement with Gevo complements the airline's recent $2 million investment in Northwest Advanced Bio-fuels LLC for the feasibility study of a facility to produce sustainable aviation fuel and other biofuel products in Washington State.

The airline has said it plans on maintaining its commitment to carbon neutral growth and will try to reduce emissions 50% by 2050.

Gevo said its process separates the sugar from the proteins in the corn product. The sugars are then used to make the jet fuel, while the proteins are fed to livestock.

Gevo said the sustainable aviation fuel is expected to be produced upon completion of an expansion to its existing advanced biofuel production facility in Luverne, Minn., and is expected to be available for use by Delta in 2022-2023.

Write to Chris Wack at chris.wack@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
CORN FUTURES (C) - CBR (FLOOR)/C1 0.41% 366.75 End-of-day quote.-5.80%
DELTA AIR LINES, INC. 5.24% 31.34 Delayed Quote.-46.41%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.00% 140.925 End-of-day quote.-3.03%
GEVO, INC. -4.30% 0.89 Delayed Quote.-61.47%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.21% 108.175 End-of-day quote.-13.43%
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All news about DELTA AIR LINES, INC.
09/28'Relief rally' pushes equity markets higher; bonds flat
RE
09/28'Relief rally' pushes equity markets higher; bonds flat
RE
09/28Tech, bank shares drive Wall Street higher
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09/28Wall Street jumps as tech, bank shares gain
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09/28Wall St kicks off week on high note as tech, bank shares gain
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09/28Banks, travel stocks set to lead Wall Street higher
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09/25Delta expects jet retirement charges of up to $2.5 billion in third-quarter
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09/25Delta expects jet retirement charges of up to $2.5 bln in Q3
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09/25American Airlines secures $5.5 billion Treasury loan, could tap more
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09/25DELTA AIR LINES, INC. : Entry into a Material Definitive Agreement, Creation of ..
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Financials (USD)
Sales 2020 17 998 M - -
Net income 2020 -7 939 M - -
Net Debt 2020 16 667 M - -
P/E ratio 2020 -2,35x
Yield 2020 0,94%
Capitalization 19 909 M 19 909 M -
EV / Sales 2020 2,03x
EV / Sales 2021 1,22x
Nbr of Employees 91 000
Free-Float 98,1%
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Technical analysis trends DELTA AIR LINES, INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 37,92 $
Last Close Price 31,34 $
Spread / Highest target 59,5%
Spread / Average Target 21,0%
Spread / Lowest Target -33,0%
EPS Revisions
Managers
NameTitle
Edward Herman Bastian Chief Executive Officer & Director
Glen William Hauenstein President
Francis S. Blake Non-Executive Chairman
Wayne Gilbert West Chief Operating Officer & Senior Executive VP
Paul A. Jacobson Chief Financial Officer & Executive Vice President
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